StockTwits
09-20-2011, 11:50 AM
Quote of the day
Cullen Roche, “The market is not the economy. And it is not the efficient pricing mechanism we have all come to believe it is.”* (Pragmatic Capitalism (http://pragcap.com/killer-waves-and-dangerous-macds))
Chart of the day
http://abnormalreturns.com/wp-content/uploads/sentiment_stocks.png (http://blog.yardeni.com/2011/09/s-500-valuation.html)
Consumer sentiment and market valuations.* (Dr. Ed’s Blog (http://blog.yardeni.com/2011/09/s-500-valuation.html) also allETF (http://alletf.com/content/confidence-in-the-market))
Markets
The stock market and ECRI WLI have parted ways.* (MarketBeat (http://blogs.wsj.com/marketbeat/2011/09/19/stock-ecri-disconnect-suggests-more-downside/))
Eric Sprott keeps on selling shares in $PSLV (http://stocktwits.com/symbol/PSLV).* (Kid Dynamite (http://kiddynamitesworld.com/sprott-officially-joins-not-fcking-around-crew-selling-pslv-relentlessly/))
A look back at your opportunities to get into Apple.* (Afraid to Trade (http://blog.afraidtotrade.com/triple-timeframing-the-breakout-to-new-highs-in-apple-aapl/))
Muni bond investors are taking on more risk.* (Focus on Funds (http://blogs.barrons.com/focusonfunds/2011/09/19/muni-fund-investors-of-two-minds/))
Strategy
In the Age of the Algorithm due diligence is even more important.* (the research puzzle (http://researchpuzzle.com/blog/2011/09/20/algo-city/))
How has a seasonality system been doing of late.* (MarketSci Blog (http://marketsci.wordpress.com/2011/09/20/performance-of-the-monthly-seasonality-map-2/))
Monthly drawdowns stats can cover up higher intra-month volatility.* (HedgeWorld (http://www.hedgeworld.com/blog/?p=3426))
The real goal of forecasting.* (Systematic Relative Strength (http://systematicrelativestrength.com/2011/09/19/the-real-goal-of-forecasting/))
Companies
It is still hard to see how Apple ($AAPL (http://stocktwits.com/symbol/AAPL)) is overvalued. (Crossing Wall Street (http://www.crossingwallstreet.com/archives/2011/09/apple-hits-new-all-time-high-2.html))
Chipotle Mexican Grill ($CMG (http://stocktwits.com/symbol/CMG)):* great company, expensive stock.* (Frank Voisin (http://www.frankvoisin.com/2011/09/20/chipotle-mexican-grill-inc-low-priced-meals-high-priced-shares-cmg-mcd/))
Companies have been adding cash to the balance sheet for decades.* (Planet Money (http://www.npr.org/blogs/money/2011/09/19/140605375/companies-have-been-piling-up-cash-for-decades))
ETFs
The European ETF model is looking shaky.* (FT Alphaville (http://ftalphaville.ft.com/blog/2011/09/20/681341/europes-fragmented-etf-settlement-system/))
Have gold ETFs “cannibalized” demand for gold equities?* (FT (http://www.ft.com/intl/cms/s/0/d39d2136-e2b3-11e0-897a-00144feabdc0.html))
What’s in your China ETF?* (IndexUniverse (http://www.indexuniverse.com/sections/blog/9896-whats-in-your-china-etf.html))
Finance
Warren Buffett’s new money managers are going to take a pay cut.* (Dealbook (http://dealbook.nytimes.com/2011/09/19/new-buffett-manager-gets-higher-taxes-and-less-pay-by-choice/))
Why we need fifty more bank regulators not one more powerful one.* (Aleph Blog (http://alephblog.com/2011/09/20/hand-banking-regulation-back-to-the-states/))
Of course the S&P USA downgrade news was leaked.* (Dynamic Hedge (http://dynamichedge.com/2011/09/20/investigating-the-obvious/))
Apple is still too expensive to add to the Dow.* (MarketBeat (http://blogs.wsj.com/marketbeat/2011/09/20/apple-too-expensive-for-the-dow/), Bespoke (http://www.bespokeinvest.com/thinkbig/2011/9/20/apple-breaking-away-from-exxon-as-biggest-company-in-the-wor.html))
Global
Burton Malkiel is hot for emerging markets.* (FT (http://www.ft.com/intl/cms/s/0/63e7f430-bd3b-11e0-9d5d-00144feabdc0.html))
Why Italy matters.* (Global Macro Monitor (http://macromon.wordpress.com/2011/09/19/why-italy-matters/))
The debate about Peak Oil is a red herring. (Econbrowser (http://www.econbrowser.com/archives/2011/09/more_thoughts_o_4.html))
Forget oil, coal has already made a big comeback.* (Gregor Macdonald (http://gregor.us/coal/coals-terrible-forecast/))
Economy
Why are we still talking about the 70s style inflation?* (Economist’s View (http://economistsview.typepad.com/timduy/2011/09/not-the-1970s.html))
Americans are remodeling their homes at a fast clip.* (Calculated Risk (http://www.calculatedriskblog.com/2011/09/residential-remodeling-index-at-new.html))
On the challenge of avoiding a second lost decade.* (Econbrowser (http://www.econbrowser.com/archives/2011/09/lost_decadesthe.html))
Operation Twist would not do much for the economy.* (Calafia Beach Pundit (http://scottgrannis.blogspot.com/2011/09/no-need-for-operation-twist.html), SurlyTrader (http://www.surlytrader.com/fed-out-of-powder/))
The Fed does not have many good options at the moment.* (Gavyn Davies (http://blogs.ft.com/gavyndavies/2011/09/20/operation-twist-and-shout-at-the-fed/))
Only advanced degree holders saw a jump in income over the past decade.* (Real Time Economics (http://blogs.wsj.com/economics/2011/09/19/only-advanced-degree-holders-see-wage-gains/))
Earlier on Abnormal Returns
The real failure at Netflix ($NFLX (http://stocktwits.com/symbol/NFLX)).* (Abnormal Returns (http://abnormalreturns.com/the-real-failure-at-netflix/))
What you missed in our Tuesday morning linkfest.* (Abnormal Returns (http://abnormalreturns.com/tuesday-7atseven-disruptive-behavior/))
Mixed media
Technology down on the farm.* (Points and Figures (http://pointsandfigures.com/2011/09/20/tech-and-the-farm/))
We need a better electrical grid.* (Scientific American (http://www.scientificamerican.com/article.cfm?id=recent-blackout-highlights-nations))
Hard to believe but online poker now looks even worse in retrospect.* (WSJ (http://online.wsj.com/article/SB10001424053111904106704576582741398633386.html))
Abnormal Returns is a founding member of the StockTwits Blog Network (http://stocktwits.com/blogs).
http://abnormalreturns.com/709acc8d/d155e05d/FeedBurner/1.0 (http://www.FeedBurner.com).gifhttp://feedads.g.doubleclick.net/~a/4E5A4FTPg8P18XoE4rytKOubIY4/0/di (http://feedads.g.doubleclick.net/~a/4E5A4FTPg8P18XoE4rytKOubIY4/0/da)
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http://feeds.feedburner.com/~ff/abnormalreturns?d=yIl2AUoC8zA (http://feeds.feedburner.com/~ff/abnormalreturns?a=yyQwZ093LtI:acQElAG1zLw:yIl2AUoC 8zA) http://feeds.feedburner.com/~ff/abnormalreturns?d=qj6IDK7rITs (http://feeds.feedburner.com/~ff/abnormalreturns?a=yyQwZ093LtI:acQElAG1zLw:qj6IDK7r ITs) http://feeds.feedburner.com/~ff/abnormalreturns?i=yyQwZ093LtI:acQElAG1zLw:F7zBnMyn 0Lo (http://feeds.feedburner.com/~ff/abnormalreturns?a=yyQwZ093LtI:acQElAG1zLw:F7zBnMyn 0Lo)
http://feeds.feedburner.com/~r/abnormalreturns/~4/yyQwZ093LtI
see story at Abnormal Returns site...(RSS feed) (http://feedproxy.google.com/~r/abnormalreturns/~3/yyQwZ093LtI/)
Cullen Roche, “The market is not the economy. And it is not the efficient pricing mechanism we have all come to believe it is.”* (Pragmatic Capitalism (http://pragcap.com/killer-waves-and-dangerous-macds))
Chart of the day
http://abnormalreturns.com/wp-content/uploads/sentiment_stocks.png (http://blog.yardeni.com/2011/09/s-500-valuation.html)
Consumer sentiment and market valuations.* (Dr. Ed’s Blog (http://blog.yardeni.com/2011/09/s-500-valuation.html) also allETF (http://alletf.com/content/confidence-in-the-market))
Markets
The stock market and ECRI WLI have parted ways.* (MarketBeat (http://blogs.wsj.com/marketbeat/2011/09/19/stock-ecri-disconnect-suggests-more-downside/))
Eric Sprott keeps on selling shares in $PSLV (http://stocktwits.com/symbol/PSLV).* (Kid Dynamite (http://kiddynamitesworld.com/sprott-officially-joins-not-fcking-around-crew-selling-pslv-relentlessly/))
A look back at your opportunities to get into Apple.* (Afraid to Trade (http://blog.afraidtotrade.com/triple-timeframing-the-breakout-to-new-highs-in-apple-aapl/))
Muni bond investors are taking on more risk.* (Focus on Funds (http://blogs.barrons.com/focusonfunds/2011/09/19/muni-fund-investors-of-two-minds/))
Strategy
In the Age of the Algorithm due diligence is even more important.* (the research puzzle (http://researchpuzzle.com/blog/2011/09/20/algo-city/))
How has a seasonality system been doing of late.* (MarketSci Blog (http://marketsci.wordpress.com/2011/09/20/performance-of-the-monthly-seasonality-map-2/))
Monthly drawdowns stats can cover up higher intra-month volatility.* (HedgeWorld (http://www.hedgeworld.com/blog/?p=3426))
The real goal of forecasting.* (Systematic Relative Strength (http://systematicrelativestrength.com/2011/09/19/the-real-goal-of-forecasting/))
Companies
It is still hard to see how Apple ($AAPL (http://stocktwits.com/symbol/AAPL)) is overvalued. (Crossing Wall Street (http://www.crossingwallstreet.com/archives/2011/09/apple-hits-new-all-time-high-2.html))
Chipotle Mexican Grill ($CMG (http://stocktwits.com/symbol/CMG)):* great company, expensive stock.* (Frank Voisin (http://www.frankvoisin.com/2011/09/20/chipotle-mexican-grill-inc-low-priced-meals-high-priced-shares-cmg-mcd/))
Companies have been adding cash to the balance sheet for decades.* (Planet Money (http://www.npr.org/blogs/money/2011/09/19/140605375/companies-have-been-piling-up-cash-for-decades))
ETFs
The European ETF model is looking shaky.* (FT Alphaville (http://ftalphaville.ft.com/blog/2011/09/20/681341/europes-fragmented-etf-settlement-system/))
Have gold ETFs “cannibalized” demand for gold equities?* (FT (http://www.ft.com/intl/cms/s/0/d39d2136-e2b3-11e0-897a-00144feabdc0.html))
What’s in your China ETF?* (IndexUniverse (http://www.indexuniverse.com/sections/blog/9896-whats-in-your-china-etf.html))
Finance
Warren Buffett’s new money managers are going to take a pay cut.* (Dealbook (http://dealbook.nytimes.com/2011/09/19/new-buffett-manager-gets-higher-taxes-and-less-pay-by-choice/))
Why we need fifty more bank regulators not one more powerful one.* (Aleph Blog (http://alephblog.com/2011/09/20/hand-banking-regulation-back-to-the-states/))
Of course the S&P USA downgrade news was leaked.* (Dynamic Hedge (http://dynamichedge.com/2011/09/20/investigating-the-obvious/))
Apple is still too expensive to add to the Dow.* (MarketBeat (http://blogs.wsj.com/marketbeat/2011/09/20/apple-too-expensive-for-the-dow/), Bespoke (http://www.bespokeinvest.com/thinkbig/2011/9/20/apple-breaking-away-from-exxon-as-biggest-company-in-the-wor.html))
Global
Burton Malkiel is hot for emerging markets.* (FT (http://www.ft.com/intl/cms/s/0/63e7f430-bd3b-11e0-9d5d-00144feabdc0.html))
Why Italy matters.* (Global Macro Monitor (http://macromon.wordpress.com/2011/09/19/why-italy-matters/))
The debate about Peak Oil is a red herring. (Econbrowser (http://www.econbrowser.com/archives/2011/09/more_thoughts_o_4.html))
Forget oil, coal has already made a big comeback.* (Gregor Macdonald (http://gregor.us/coal/coals-terrible-forecast/))
Economy
Why are we still talking about the 70s style inflation?* (Economist’s View (http://economistsview.typepad.com/timduy/2011/09/not-the-1970s.html))
Americans are remodeling their homes at a fast clip.* (Calculated Risk (http://www.calculatedriskblog.com/2011/09/residential-remodeling-index-at-new.html))
On the challenge of avoiding a second lost decade.* (Econbrowser (http://www.econbrowser.com/archives/2011/09/lost_decadesthe.html))
Operation Twist would not do much for the economy.* (Calafia Beach Pundit (http://scottgrannis.blogspot.com/2011/09/no-need-for-operation-twist.html), SurlyTrader (http://www.surlytrader.com/fed-out-of-powder/))
The Fed does not have many good options at the moment.* (Gavyn Davies (http://blogs.ft.com/gavyndavies/2011/09/20/operation-twist-and-shout-at-the-fed/))
Only advanced degree holders saw a jump in income over the past decade.* (Real Time Economics (http://blogs.wsj.com/economics/2011/09/19/only-advanced-degree-holders-see-wage-gains/))
Earlier on Abnormal Returns
The real failure at Netflix ($NFLX (http://stocktwits.com/symbol/NFLX)).* (Abnormal Returns (http://abnormalreturns.com/the-real-failure-at-netflix/))
What you missed in our Tuesday morning linkfest.* (Abnormal Returns (http://abnormalreturns.com/tuesday-7atseven-disruptive-behavior/))
Mixed media
Technology down on the farm.* (Points and Figures (http://pointsandfigures.com/2011/09/20/tech-and-the-farm/))
We need a better electrical grid.* (Scientific American (http://www.scientificamerican.com/article.cfm?id=recent-blackout-highlights-nations))
Hard to believe but online poker now looks even worse in retrospect.* (WSJ (http://online.wsj.com/article/SB10001424053111904106704576582741398633386.html))
Abnormal Returns is a founding member of the StockTwits Blog Network (http://stocktwits.com/blogs).
http://abnormalreturns.com/709acc8d/d155e05d/FeedBurner/1.0 (http://www.FeedBurner.com).gifhttp://feedads.g.doubleclick.net/~a/4E5A4FTPg8P18XoE4rytKOubIY4/0/di (http://feedads.g.doubleclick.net/~a/4E5A4FTPg8P18XoE4rytKOubIY4/0/da)
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http://feeds.feedburner.com/~r/abnormalreturns/~4/yyQwZ093LtI
see story at Abnormal Returns site...(RSS feed) (http://feedproxy.google.com/~r/abnormalreturns/~3/yyQwZ093LtI/)